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Economics2h 4m ago

Silver futures on MCX snapped a three-day rally, falling ₹2,129 to ₹2,49,329 per kg.

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MCX, New York

Who
traders, investors, Pinky Yadav, Manav Modi
What
Silver futures on MCX snapped a three-day rally, falling ₹2,129 to ₹2,49,329 per kg.
When
Tue, 16 Jun 2026 11:12:06 GMT · 2h 4m ago
Where
MCX, New York ·
Why
Traders turned cautious amid an unsigned US-Iran peace deal and shifting focus to the US Federal Reserve and global central banks’ policy decisions, inflation risks and interest rate outlook.
The Frontline Impact

How this affects you

The decline in silver futures reflects market uncertainty regarding geopolitical developments and central bank monetary policies, potentially influencing precious metals markets globally as investors await further clarity on interest rates and inflation risks.

Story chain

8 events in this thread
  1. Economics2h 3m ago
    Sterling held steady against the U.S. dollar on Tuesday as traders weighed the U.S.-Iran interim agreement and focused on key UK economic data and the Bank of England's interest rate decision.
    Open article
  2. Economics2h 3m ago
    Sterling held steady against the U.S. dollar on Tuesday as traders weighed the U.S.-Iran interim agreement to end the Middle East conflict and focused on key UK economic data and the Bank of England's interest rate decision.
    Open article
  3. Currently Reading2h 4m ago
    Silver futures on MCX snapped a three-day rally, falling ₹2,129 to ₹2,49,329 per kg.
  4. Economics2h 35m ago
    Euro zone government bond yields decreased for the fourth straight day, reaching multi-week lows after a provisional agreement between the United States and Iran to resolve their conflict and reopen the Strait of Hormuz.
    Open article
  5. Economics3h 9m ago
    The Sensex extended its bull run to the third day, jumping 540 points.
    Open article
  6. Economics3h 9m ago
    Investors cheered the US-Iran peace deal and a subsequent decline in crude oil prices, easing inflation and growth concerns.
    Open article
  7. Economics3h 43m ago
    An agreement between the US and Iran to end months of conflict in the Gulf region is anticipated to relieve global supply chains, reduce energy prices, and boost India's economy and exports, according to shipping, logistics, and trade experts.
    Open article
  8. Economics3h 43m ago
    An agreement between the US and Iran to end months of conflict in the Gulf region is anticipated to alleviate pressure on global supply chains, reduce energy prices, and boost India's economy and exports.
    Open article

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